Jiming Huang / Blog
Pivot (invalidation): 0.7305 Our preference Short positions below 0.7305 with targets at 0.7265 & 0.7240 in extension. Alternative scenario Above 0.7305 look for further upside with 0.7325 & 0.7340 as targets...
Pivot (invalidation): 1.3085 Our preference Long positions above 1.3085 with targets at 1.3125 & 1.3150 in extension. Alternative scenario Below 1.3085 look for further downside with 1.3060 & 1.3040 as targets...
Pivot (invalidation): 0.9100 Our preference Long positions above 0.9100 with targets at 0.9130 & 0.9150 in extension. Alternative scenario Below 0.9100 look for further downside with 0.9080 & 0.9060 as targets...
Pivot (invalidation): 104.30 Our preference Short positions below 104.30 with targets at 104.00 & 103.80 in extension. Alternative scenario Above 104.30 look for further upside with 104.45 & 104.60 as targets...
Pivot (invalidation): 1.3235 Our preference Long positions above 1.3235 with targets at 1.3270 & 1.3290 in extension. Alternative scenario Below 1.3235 look for further downside with 1.3210 & 1.3190 as targets...
Pivot (invalidation): 1.1875 Our preference Short positions below 1.1875 with targets at 1.1840 & 1.1825 in extension. Alternative scenario Above 1.1875 look for further upside with 1.1895 & 1.1910 as targets...
n the commodity market, oil prices continue the bullish stance amid vaccine hopes and expectations that OPEC+ will maintain the production cuts after January. Both Brent and WTI increased by more than half of a percent, trading at $41.57 and $44.11, respectively...
Wall Street extended gains on Monday, driven by reinforced vaccine optimism. After Pfizer caused the stock market to switch to value stocks and return close to its record high, now it’s time for biotech firm Moderna to give its contribution...
Pivot (invalidation): 41.00 Our preference Long positions above 41.00 with targets at 42.20 & 42.65 in extension. Alternative scenario Below 41.00 look for further downside with 40.50 & 40.05 as targets...